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Fidelity® Emerging Markets Multifactor ETF (FDEM)
Look-through valuation · Style & factor · Expense ratio 0.25 % · ISIN US3160925430
Price history (since 2019)
Monthly close since 2019. Price shows performance, the valuation verdict is in the look-through above.
Top holdings
| Holding | Weight | vs fair value | Quality |
|---|---|---|---|
| Taiwan Semiconductor Manufacturing Co. Ltd. 2330 | 12.5 % | −23.8 % | 72 |
| Samsung Electronics Co Ltd SSNLF | 6.5 % | n/a | n/a |
| SK Hynix Inc 000660 | 3.8 % | −7.0 % | 68 |
| Tencent Holdings Ltd 0700 | 3.2 % | +1.6 % | 70 |
| Orion Corp 271560 | 1.7 % | +54.3 % | 63 |
| TRUST FIBRA UNO MXCFFU000001 | 1.7 % | n/a | n/a |
| China Resources Mixc Lifestyle Serv 1209 | 1.6 % | −12.5 % | 81 |
| MediaTek Inc 2454 | 1.5 % | −63.1 % | 79 |
| Kimberly-Clark de México S. A. B. de C. V KIMBERA | 1.5 % | +9.4 % | 72 |
| Britannia Industries Limited BRITANNIA | 1.3 % | −40.0 % | 74 |
| Petróleo Brasileiro S.A. - Petrobras PETR4 | 1.2 % | n/a | n/a |
| Hengan Intl Group Ltd-H 1044 | 1.2 % | +122.5 % | 63 |
| Inner Mongolia Yitai Coal Co Ltd 900948 | 1.2 % | +14.2 % | 52 |
| PetroChina Company Limited 0857 | 1.1 % | n/a | n/a |
| China Shenhua Energy Co Ltd H 1088 | 1.0 % | −13.4 % | 65 |
| PTT Exploration and Production Public Company Limited NVAL | 1.0 % | n/a | n/a |
| Avi Ltd AVI | 1.0 % | +31.9 % | 77 |
| China Construction Bank Corp 0939 | 0.9 % | +98.3 % | 46 |
| Exxaro Resources Ltd EXX | 0.9 % | +84.0 % | 62 |
| Magyar Telekom Telecommunications PLC 0NUG | 0.8 % | n/a | n/a |
| Delta Electronics Inc 2308 | 0.8 % | −72.8 % | 58 |
| Coal India Limited COALINDIA | 0.8 % | +13.0 % | 63 |
| Hon Hai Precision Industry Co Ltd 2317 | 0.8 % | +32.7 % | 57 |
| HDFC Bank Limited HDFCBANK | 0.7 % | −38.2 % | 51 |
| Midea Group Co., Ltd. 1520 | 0.7 % | n/a | n/a |
Fair value and quality per position come from the same valuation as our stock pages. Showing the 25 largest of 48 disclosed positions. "n/a" means the position is not (yet) in our stock universe and does not enter the average.
The 10 most cheaply valued ETFs
Measured against the look-through fair value of the holdings (sufficiently covered funds only). Green means below fair value, red above. Not financial advice.
- 1 CHIU Global X MSCI China Utilities ETF +71.9 % below FV
- 2 FXI iShares China Large-Cap ETF +53.7 % below FV
- 3 CHIQ Global X MSCI China Consumer Disc ETF +48.5 % below FV
- 4 FLCH Franklin FTSE China ETF +36.0 % below FV
- 5 KWEB KraneShares CSI China Internet ETF +33.5 % below FV
- 6 FCFY First Trust S&P 500 Diversified Free Cash Flow ETF +32.5 % below FV
- 7 MCHI iShares MSCI China ETF +28.0 % below FV
- 8 ITB iShares U.S. Home Construction ETF +13.7 % below FV
- 9 C003 Amundi Index Solutions - Amundi DivDAX I UCITS ETF EUR Distributing +12.7 % below FV
- 10 TAN Invesco Solar ETF +10.8 % below FV
How we value this ETF
An ETF has no fair value of its own like a single stock. We build it bottom up: every holding has a fair value and a quality score on our pages. Weighted by portfolio share, that gives Fidelity® Emerging Markets Multifactor ETF an average of how cheap or expensive its companies currently sit versus fair value, and how high their average quality is.
As of: Aug 14, 2026
The look-through is a computed summary of public fundamentals and is no substitute for your own research.